SHARE PURCHASE AGREEMENT
Provident Institutional Funds, a Delaware business trust (the "Trust") and
Temporary Investment Fund, Inc., a Maryland Corporation (the "Company") hereby
agree with each other as follows:
1. The Trust hereby offers the Company and the Company hereby purchases one
share (the "Share") each of the Trust's TempFund and TempCash portfolios for $1
per share. The Trust hereby acknowledges receipt from the Company of funds in
the total amount of $2 in full payment for such Shares.
2. The Company represents and warrants to the Trust that the Shares are
being acquired for investment purposes and not with a view to the distribution
thereof.
IN AGREEMENT WHEREOF, and intending to be legally bound hereby, the parties
hereto have executed this Agreement as of the 10th day of February, 1999.
PROVIDENT INSTITUTIONAL FUNDS
/s/ Xxxxxx X. Xxxxxxx
----------------------
TEMPORARY INVESTMENT FUND, INC.
/s/ Xxxxxx X. Xxxxx
-------------------
